Markets

Etihad Airways Group Chief Financial Officer Mark Powers has stepped down after roughly a year in the job as the Abu Dhabi state-owned carrier overhauls its business after years of heavy losses.

BlackRock Inc, the world's largest asset manager, on Tuesday reported a 3.3 percent drop in quarterly profit, as investors shunned its expensive funds and flocked toward low risk, inexpensive funds.

U.S. health insurer UnitedHealth Group Inc on Tuesday reported a 22.2 percent rise in first-quarter profit, driven by strength in its main insurance business and Optum unit, which includes its pharmacy benefit management business.

China's China Changan Automobile Group expects sales at its joint venture with Ford Motor Co to rebound at the end of this year as the U.S. automaker boosts its China product line, Changan's president said on Tuesday.

Luxury carmaker Rolls-Royce expects to achieve double-digit sales growth in China this year, although it will be lower than the 40 percent rate it saw in 2018, its chief executive said on Tuesday.

Asian markets rose Tuesday after a slow start to the day, as investors brushed off a weak lead from Wall Street while looking ahead for the release of Chinese growth data.

SINGAPORE: By the end of this year, the Ministry of Manpower (MOM) will come up with guidelines for companies to create proper rest areas for low-wage workers such as cleaners, security guards and landscaping workers. The ministry started gathering feedback at the start of April by interviewing ...

SINGAPORE: Food delivery service GrabFood is looking to introduce central kitchens in locations which have few eateries but see high demand "sometime this year", its Singapore head Lim Kell Jay told reporters during a media briefing on Tuesday (Apr 16). "For areas which are relatively under-served ...

Germany's biggest airline Lufthansa posted a loss for first three months of the year, hurt by rising fuel cost and overcapacity in Europe.

The Supreme Court of the Netherlands dismissed Ecuador's attempts to annul decisions of an international arbitral tribunal that ordered Ecuador to prevent enforcement of a US$9.5 billion judgment against Chevron Corp anywhere in the world, the U.S. oil major said on Tuesday.